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Risks are accepted when:

A. You develop a contingency plan to execute should the risk event occur B. You accept the consequences of the risk       C. You transfer the risk to another party         D. You reduce the probability of the risk event occurring     E. a and b              

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Question added by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.
Date Posted: 2015/04/12
Nancy Refai
by Nancy Refai , Health, safety and environmental management Trainer and consultant , Freelancer

E is best option to answer with

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , Warehouse Supervisor , AL MUTLAQ FURNITURE MFG

Answer will be option E) <<<<<<<<<<<<<<<<<<

     

MUHAMMED HARIS MI
by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.

Answer is Option E. both A&B>>>>>>>>>>>>>

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

E. a and b      

A. You develop a contingency plan to execute should the risk event occur

B. You accept the consequences of the risk

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

Yes, I too would opt for "E" as my answer

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

I agree with answers which say "E"

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